Damascus, SANA- The role of financial institutions, banking and insurance private sector in supporting and financing economic and investment projects to achieve development was the focus of talks at the …
Read More »Prime Minister chairs meeting for developing banking work at Central Bank
Damascus, SANA – Prime Minister Imad Khamis on Tuesday chaired a work meeting at the Central Bank of Syria (CBS) for discussing the strategies of financial institutions regarding monetary policies, …
Read More »Economic meeting chaired by Prime Ministers calls for taking measures to address defaulted loans
Damascus, SANA – An economic meeting was held on Monday, chaired by Prime Minister Imad Khamis, which called on public-sector banks to take direct, forceful, and clear steps to address …
Read More »President al-Assad issues law on settling stalled debts for public banks
Damascus, SANA – President Bashar al-Assad on Tuesday issued law no. 26 for 2015 on settling stalled debts for public-sector banks. The law stipulates the conditions for settling debts, the …
Read More »20 banks still operating in Syria with a notable increase in liquidity, profits and deposits
Damascus, SANA- The public and private banks in Syria have worked on developing their products despite of the current crisis as they have continued to fund the imports and the …
Read More »Commercial Bank branches open for business in Damascus Countryside, Tartous, and Homs
Damascus, SANA- The Commercial Bank of Syria opened three branches for business, including relaunching the branch in Jdaidet Artouz in Damascus Countryside, Branch 6 in Tartous, and Ikrema services office …
Read More »Mayyaleh: Amendments to debt risk classification will help lower debts and improve credit ratings
Damascus, SANA – Governor of the Central Bank of Syria (CBS) Adib Mayyaleh on Tuesday discussed with directors or private banks in Syria issues related to the bank sectors, primarily …
Read More »People’s Assembly passes bill on establishing banking courts
Damascus, SANA – The People’s Assembly passed a bill on establishing banking courts of first instance and appeals in all provinces for taking up banking lawsuits. During the Assembly session …
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